1
Master of Economics from Sharif University of Technology
2
Assistant Professor of Economics, Sharif University of Technology
Abstract
In this study, we employ hedonic modeling to explain price of land, utilizing a unique dataset for Tehran. The dataset contains actual transaction records for Tehran's Zone 8 in 2010. Our results are consistent with the urban economic theories: Variables such as lot size, social status of neighborhood and permitted building volume have positive effects on the price of land, but the distance of land from places such as parks and highways has a negative effect on it. The parametric estimators are also compared to more flexible semi parametric estimators which do not improve the results.
اکبری، نعمتالله؛ «بررسی عوامل مؤثر بر قیمت مسکن در شهر مشهد رهیافت اقتصادسنجی فضایی در روش هدونیک»، فصلنامه پژوهشهای اقتصادی ایران، 1383، شماره 11-12.
منیریجاوید، سلیمه؛ «بررسی تغییرات فضایی قیمت مسکن با رویکرد اقتصادسنجی فضایی»، پایاننامة کارشناسی ارشد، دانشگاه صنعتی شریف، تهران، 1389.
وصاف، اسماعیل؛ «بررسی نظام فضایی قیمت زمین مسکونی رویکرد تابع قیمت هدونیک»، وزارت مسکن و شهرسازی - دفتر برنامهریزی اقتصاد و مسکن، 1388.
ب- لاتین
Anglina, Paul and RamazanGencay; 1996, "Semiparametric Estimation of A Hedonic Price Function", Journal of Applied
Econometrics, Vol. 11.
Cameron, Colinand PravinTrivedi; 2006, MicroEconometrics: Methods and Applications, New York, Cambridge University Press, 1st Edition.
Evans, A. W.,Economics; 2004, Real Estate and the Supply of Land, Blackwell Publishing, Oxford.
Hannonen, Marko, On The Hedonic Modeling of Land Prices, Doctoral Thesis, Helsinki University of Technology, Espoo.
Hardle Wolfgang & EnnoMammen; 1993, "Comparing nonparametric versus parametric regression fits", Annals of Statistics, Vol. 21.
Malpezzi, Stephen; 2002, "Hedonic Pricing Models: A Selective and Applied Review", In K. Gibb and A. O’Sullivan (eds.), Housing Economics: Essays in Honor of Duncan Maclennan.
Park, Heonsooand SuYounJyoung; 2002, "Parametric and Semiparametric Estimation of Land Value", the AREUEA/AsRES International Meeting, Seoul, Korea.
Rosen, Sherwin; 1974, "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition", Journal of Political Economy, Vol. 82.
Sheppard, Stephen; 1999, "Hedonic Analysis of Housing Markets", In P. C. Chesire and E. S. Mills (eds.), Handbook of Regional and Urban Economics, vol. 3.
Thorsnes, Paul & Daniel McMillen; 1998, "Land Value and Parcel Size: A Semiparametric Analysis", Journal of Real Estate Finance and Economics, Vol. 17.
Saharkhiz,M. , Fatemi,S. F. and Barakchian,S. M. (2014). Hedonic Analysis of Land Price(A Case Study in Tehran, Zone 8). The Journal of Economic Studies and Policies, 1(1), 227-242.
MLA
Saharkhiz,M. , , Fatemi,S. F. , and Barakchian,S. M. . "Hedonic Analysis of Land Price(A Case Study in Tehran, Zone 8)", The Journal of Economic Studies and Policies, 1, 1, 2014, 227-242.
HARVARD
Saharkhiz M., Fatemi S. F., Barakchian S. M. (2014). 'Hedonic Analysis of Land Price(A Case Study in Tehran, Zone 8)', The Journal of Economic Studies and Policies, 1(1), pp. 227-242.
CHICAGO
M. Saharkhiz, S. F. Fatemi and S. M. Barakchian, "Hedonic Analysis of Land Price(A Case Study in Tehran, Zone 8)," The Journal of Economic Studies and Policies, 1 1 (2014): 227-242,
VANCOUVER
Saharkhiz M., Fatemi S. F., Barakchian S. M. Hedonic Analysis of Land Price(A Case Study in Tehran, Zone 8). The Journal of Economic Studies and Policies, 2014; 1(1): 227-242.
